Business on selling products that satisfy consumers

Assignment Help Basic Statistics
Reference no: EM131238624

You are planning to start a new business next year, so you are finalizing your business plan now. You know there is a high failure rate for new small businesses, so you want to increase your chances of success by selling products that consumers absolutely need regardless of whether the economy is in a recession or not. You want to sell products that you know consumers will buy before they buy any other products because your products satisfy their most basic needs.

Based on this information, you should focus your new business on selling products that satisfy consumers':

  • social needs.
  • safety needs.
  • self-actualization needs.
  • physiological needs.
  • esteem needs.

Reference no: EM131238624

Questions Cloud

What is the nature of covenant relationship : How does covenant relationship express the nature of relationships with others? Why is covenant as an agreement with YHWH and as a way of relationship with other people important?
Evaluate their importance within the model : Perform LRTs for all explanatory variables to evaluate their importance within the model. Discuss the results.
Population a homogeneous group : Just as it is a mistake for marketers to consider the U.S. population a homogeneous group with the same values and culture, it is also a mistake for marketers to assume that all Hispanic consumers fit into the same subculture or have similar buyin..
Difference between primary and secondary market data : What is the difference between primary and secondary market data? What are the advantages and disadvantages of each?
Business on selling products that satisfy consumers : Based on this information, you should focus your new business on selling products that satisfy consumers':
How your idea about professionalism and career opportunities : Describe insights you have gained about what it means to be an early childhood professional. Explain how those insights can make you a stronger professional in the future and help you to benefit young children and families with whom you may work.
Explore social media and marketing technology : In this assignment, you will explore social media and marketing technology in an essay. In your essay, choose a brand (or product) that relies heavily on social media or technology to market their product. Examples would be Netflix, Uber, or Coca-..
Various levels of distribution intensity : Compare and contrast the various levels of distribution intensity. Provide two specific examples of products/service that are distributed at each level of distribution intensity and explain the rationale behind the chosen distribution intensity?
Analyse the current network and business requirements : ISIT925 Major Project - Channel4. Your role is to analyse the current network and business requirements to propose a new reference architecture using the methodology learned in ISIT925

Reviews

Write a Review

Basic Statistics Questions & Answers

  Reliability and exponential distribution

Assume the reliability of a product is given by an exponential distribution with a mean of 1 year. How long would it take to achieve a 10% failure rate?

  Saturated regression of the number of projects

1. Fit the saturated regression of the number of projects per 1,000 on the variables defined in the next 33 columns of the data table (Pct Added Housing Sq Ft through Income [per cap] 2000).

  Assume that the number of networks errors experienced in a

assume that the number of networks errors experienced in a day on a local area network lan is distributed as a poisson

  Number of accidents occurring per quarter

The following data set, from a study by Lucas (1985)2 , shows the number of accidents occurring per quarter (three months) at a DuPont company facility, over a 10-year period. The data set has been partitioned into two periods: Period I is the ?rs..

  What percentage of values will fall in range-emperical rule

Using the emperical rule solve the following problems for a distribution with a mean of 20 and a stardard diviation of 5. At least what percentage of the values will fall between 15 and 25.

  Variance of the standard normal distribution

The sample proportion and the sample standard deviation are all unbiased estimators of the corresponding population parameters - variance of the standard normal distribution

  Defects in computer hard-drives will usually render the

defects in computer hard-drives will usually render the entire computer worthless. for a particular model the percent

  Calculate cronbachs alpha on the scale

Calculate Cronbach's alpha on the scale provided on the Field text using the SAQ. Review the Field text for a description of using Cronbach's alpha to measure scale reliability.

  Find probability that blood pressure lie in range

If an individual from this age group is selected, find the probability that his or her blood pressure will be between 70 and 95. Assume normal distribution.

  The jessie cohen clothing group owns factories in three

the jessie cohen clothing group owns factories in three towns w y and z which distribute to three cohen retail dress

  Mean or total of a population of your choice

Use stratified random sampling to estimate the mean or total of a population of your choice. In the process of carrying out the survey and making the estimate, think about or discuss with others the following:

  Bp cola must decide how much money to allocate for new soda

bp cola must decide how much money to allocate for new soda and traditional soda advertising over the coming year. the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd